Tips to Keep Your 401(k) Plan on Track - 5/19/2009 - insurancenewsnet.com: "Main article
401(k) plans took a beating in 2008, and 2009 is proving that the bad times aren't over yet. Looking forward, there are several issues plan sponsors need to address in reviewing their plans, from the plan's governance to the choices of a low-risk investment option.
'Plan sponsors face many challenges in developing a well-structured DC plan to help meet the retirement requirements of their participants, while minimizing the fiduciary risk of managing the plan and its investment lineup,' said Barbara Marder, global leader of Mercer's defined contribution consulting business. 'The significant decline in the capital markets has ramifications for recordkeepers, trustees, and investment managers.'
10 Issues to Investigate
To keep their plans on sound footing, Mercer suggests that plan sponsors investigate 10 key issues:"
Guarenteed Retirement Account Bailout (G.R.A.B.)
Click Here to see the updated 2.0 version of the report.
Tuesday, May 19, 2009
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